📈 V-Mart Retail Q1 Update Sparks Rally, But Profit Booking Trims Early Gains

Shares of $VMART witnessed strong buying interest following its robust Q1 business update. On July 2, 2026, the stock surged as much as 3.5% in morning trade, touching its highest level since November 21, 2025. However, profit booking emerged at higher levels, and by 1:40 PM, the stock was trading over 1% below its intraday peak. The company's Q1 performance remained encouraging, with total revenue rising 23% YoY to ₹1,089 crore from ₹885 crore. Same-store sales growth improved sharply to 9% from 1% a year ago, reflecting healthy demand trends. During the quarter, V-Mart expanded its retail footprint by opening 15 new stores while closing one store, supporting its long-term growth strategy. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.